NYSE · AGI

Alamos Gold Inc.

Basic Materials · Gold

$35.67▼ 3.41% ($1.26)at close

After hours$36.00▲ 0.93%7:35 PM ET

52-week

$27.05$55.41

Market cap

$14.98B

P/E

12.88

Volume

2.29M

Shares outstanding

419.97M

What the market price implies · Reverse DCF

To support a price of $35.67, this model requires revenue to grow by 18.64%/yr over the next 10 years, compounded annually.

Historical revenue grew by 21.8%/yr over the past 4 years. The required annual growth rate is 3.16 percentage points lower.

Selected forecast · Base scenario

17.58%/yr · actual 10-year annualized revenue growth

Year 1 growth: 28.52%

Market-implied · Base operating assumptions + edited margins

18.64%/yr · flat 10-year annualized revenue growth

Reverse DCF solves revenue growth itself using Base operating assumptions and your edited margins. Changing forecast growth alone does not change the implied rate. This is a model-implied requirement, not an analyst forecast.

Valuation

Recommended · Revenue & margin DCF

Price used

$35.67

Estimated value / share

$34.60

Base scenario

This estimate is 2.99% below the price used.

USD · TTM ending 2026-06-30

Year 1 growth 28.52% · Ending margin 30% · Discount rate 12.45%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 10, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 11, 2026, 4:29 AM UTC · provider

Why this method?

FCFF is positive, but it is still too unstable and too short-lived to anchor even a normalized FCFF DCF. Use revenue and margin assumptions instead of compounding current FCFF.

Is FCFF positive and has it been for 3+ consecutive years? 3 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 315.9%.

Do you have 5+ years of positive FCFF history? Only 3 consecutive positive FCFF years are available.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: 7.7%Revenue (TTM): 46.48%FCF (TTM): 97.08%P/FCF: 48th pct

What changed

The stock rose 7.7% over the last year. Revenue grew 46.48% over the trailing twelve months. Operating margin moved from 38.7% to 56.54%. Free cash flow grew 97.08% over the trailing twelve months.

What the market seems to be pricing

The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.

What would invalidate this read

Operating margin currently stands at 56.54%. A decisive move in revenue — currently up 46.48% — would be the clearest signal to resolve the ambiguity.

Performance

Return analysis

Company profile

Alamos Gold Inc. operates as a gold producer in Canada and Mexico.

CEOJohn A. McCluskey

SectorBasic Materials

IndustryGold

Employees2,400

IPO dateMay 2, 2003

https://www.alamosgold.com

Market multiples

Forward P/E—

EV/EBITDA13.28

Enterprise value$15.83B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth32.13%

Gross margin60.13%▲10.1ppvs FY2024

Operating margin56.54%▲2.8ppvs FY2024

ROE27.29%▲5.1ppvs FY2025

Analyst consensus

RatingBuy

Target price$42.00▲17.75%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Oct 28, 2026

Q4 FY26 · EPS est $0.47 · Revenue est $560.27M

View

Dividends

$0.15/shareQuarterly8yr growth streakSafe

AGI pays a dividend with a 0.41% dividend yield, 8 consecutive years of growth, growing at 8.83% annually, covered 6.7× by free cash flow.

Dividend Yield

0.41%

Annual Div / Share

$0.15

5yr CAGR

+8.83%

Doubles every ~8.2yr

Payout Ratio

4.46%

Safe

Dividend Growth Rate

3yr CAGR

+13.19%

5yr CAGR

+8.83%

10yr CAGR

-0.31%

Dividend Safety

10/10Safe

Dividend History

Annualized dividend cycles per share

YearAnnual DivYoY

2026$0.14+45.0%

2025$0.10+0.0%

2024$0.10+0.0%

2023$0.10+0.0%

2022$0.10+5.3%

2021$0.10+72.7%

2020$0.06+37.5%

Income Projection

Invest

Growth rate:

Reinvest dividends

Today

$4/yr

$0/mo

In 5 yrs

$6/yr+53%

$1/mo

In 10 yrs

$9/yr+133%

$1/mo

Today	In 5 yrs	In 10 yrs
$4/yr $0/mo	$6/yr+53% $1/mo	$9/yr+133% $1/mo

Yield-on-cost grows from 0.41% → 0.95% over 10yr

Analysis

Dividend Strengths

Well-covered by free cash flow

The dividend is covered 6.7× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.

Strong dividend growth rate

The 5-year CAGR of 8.83% meaningfully outpaces inflation, compounding real income growth for long-term holders.

Risks to Watch

No strong risk signal stands out from the latest period pair.

NYSE · AGI

Alamos Gold Inc.

Basic Materials · Gold

$35.67▼ 3.41% ($1.26)at close

After hours$36.00▲ 0.93%7:35 PM ET

52-week

$27.05$55.41

Market cap

$14.98B

P/E

12.88

Volume

2.29M

Shares outstanding

419.97M

What the market price implies · Reverse DCF

To support a price of $35.67, this model requires revenue to grow by 18.64%/yr over the next 10 years, compounded annually.

Historical revenue grew by 21.8%/yr over the past 4 years. The required annual growth rate is 3.16 percentage points lower.

Selected forecast · Base scenario

17.58%/yr · actual 10-year annualized revenue growth

Year 1 growth: 28.52%

Market-implied · Base operating assumptions + edited margins

18.64%/yr · flat 10-year annualized revenue growth

Valuation

Recommended · Revenue & margin DCF

Price used

$35.67

Estimated value / share

$34.60

Base scenario

This estimate is 2.99% below the price used.

USD · TTM ending 2026-06-30

Year 1 growth 28.52% · Ending margin 30% · Discount rate 12.45%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 10, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 11, 2026, 4:29 AM UTC · provider

Why this method?

FCFF is positive, but it is still too unstable and too short-lived to anchor even a normalized FCFF DCF. Use revenue and margin assumptions instead of compounding current FCFF.

Is FCFF positive and has it been for 3+ consecutive years? 3 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 315.9%.

Do you have 5+ years of positive FCFF history? Only 3 consecutive positive FCFF years are available.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: 7.7%Revenue (TTM): 46.48%FCF (TTM): 97.08%P/FCF: 48th pct

What changed

The stock rose 7.7% over the last year. Revenue grew 46.48% over the trailing twelve months. Operating margin moved from 38.7% to 56.54%. Free cash flow grew 97.08% over the trailing twelve months.

What the market seems to be pricing

What would invalidate this read

Operating margin currently stands at 56.54%. A decisive move in revenue — currently up 46.48% — would be the clearest signal to resolve the ambiguity.

Performance

Return analysis

Company profile

Alamos Gold Inc. operates as a gold producer in Canada and Mexico.

CEOJohn A. McCluskey

SectorBasic Materials

IndustryGold

Employees2,400

IPO dateMay 2, 2003

https://www.alamosgold.com

Market multiples

Forward P/E—

EV/EBITDA13.28

Enterprise value$15.83B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth32.13%

Gross margin60.13%▲10.1ppvs FY2024

Operating margin56.54%▲2.8ppvs FY2024

ROE27.29%▲5.1ppvs FY2025

Analyst consensus

RatingBuy

Target price$42.00▲17.75%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Oct 28, 2026

Q4 FY26 · EPS est $0.47 · Revenue est $560.27M

View

Dividends

$0.15/shareQuarterly8yr growth streakSafe

AGI pays a dividend with a 0.41% dividend yield, 8 consecutive years of growth, growing at 8.83% annually, covered 6.7× by free cash flow.

Dividend Yield

0.41%

Annual Div / Share

$0.15

5yr CAGR

+8.83%

Doubles every ~8.2yr

Payout Ratio

4.46%

Safe

Dividend Growth Rate

3yr CAGR

+13.19%

5yr CAGR

+8.83%

10yr CAGR

-0.31%

Dividend Safety

10/10Safe

Dividend History

Annualized dividend cycles per share

YearAnnual DivYoY

2026$0.14+45.0%

2025$0.10+0.0%

2024$0.10+0.0%

2023$0.10+0.0%

2022$0.10+5.3%

2021$0.10+72.7%

2020$0.06+37.5%

Income Projection

Invest

Growth rate:

Reinvest dividends

Today

$4/yr

$0/mo

In 5 yrs

$6/yr+53%

$1/mo

In 10 yrs

$9/yr+133%

$1/mo

Today	In 5 yrs	In 10 yrs
$4/yr $0/mo	$6/yr+53% $1/mo	$9/yr+133% $1/mo

Yield-on-cost grows from 0.41% → 0.95% over 10yr

Analysis

Dividend Strengths

Well-covered by free cash flow

The dividend is covered 6.7× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.

Strong dividend growth rate

The 5-year CAGR of 8.83% meaningfully outpaces inflation, compounding real income growth for long-term holders.

Risks to Watch

No strong risk signal stands out from the latest period pair.